About the Role
Key Responsibilities:
Contract Management:
- Prepare, review, and ensure that all contracts, forms, and disclosures are accurately completed and submitted on time.
Coordinate with Stakeholders:
- Act as the key liaison between real estate agents, clients, escrow companies, and mortgage brokers during the transaction process.
Timeline Tracking:
- Monitor deadlines and provide timely reminders to all parties involved, such as contingency removals and closing dates.
Document Management:
- Securely manage and store transaction documents, ensuring compliance with regulatory standards.
Closing Duties:
- Coordinate and assist in the closing process, including the preparation of closing statements and disbursement of funds.
Client Communication:
- Keep clients informed throughout the transaction, resolving any issues that may arise.
Qualification:
- Ensure all transactions comply with legal and ethical standards set forth by the real estate commission and the company.
Requirements
The Real Estate Transaction Coordinator is responsible for managing all the administrative aspects related to real estate transactions, from contract to closing. Working closely with real estate agents and various other stakeholders, the coordinator ensures a smooth and compliant transaction process. The position is compensated per transaction closed, offering an opportunity for high earnings based on performance.
Qualifications:
Must have an intrapreneurial spirit.
Previous experience in real estate transactions is strongly preferred.
Detail-oriented with excellent organizational skills.
Strong interpersonal skills and the ability to communicate effectively.
Familiarity with real estate management software is a plus.
Able to handle multiple transactions efficiently and under tight deadlines.
Technology Requirements:
Must possess a reliable and high-speed internet connection.
Must have a personal computer or laptop with up-to-date software.
Must own a smartphone with access to email and company communication tools.
Home Office Environment:
Must have a dedicated and quiet workspace free from distractions during working hours.
The workspace should be ergonomically set up to support prolonged periods of work.
Must ensure a professional background for video conferencing.
Availability:
Must be available to work during standard business hours as defined by the company.
Flexibility to attend virtual meetings or respond to urgent requests outside of standard hours when necessary.
Communication Skills:
Excellent verbal and written communication skills.
Proficiency in using email, chat, and video conferencing tools effectively.
Self-Management:
Strong time-management and organizational skills.
Ability to work independently with minimal supervision.
Proactive and self-motivated with a strong work
WEALTH DYNAMIC: LORD | MECHANIC
For the role of Real Estate Transaction Coordinator, the two Wealth Dynamics profiles that would be the best fit are the "Lord" and the "Mechanic".
Why "Lord"?
Contract Management: Lords are highly detail-oriented and excel in managing contracts and forms. Their knack for minutiae ensures that every document is accurate and submitted on time.
Timeline Tracking: With an inherent ability to keep track of multiple timelines and deadlines, the Lord profile would excel at monitoring crucial dates and providing timely reminders.
Document Management: Lords are highly structured and organized, making them ideal for securely managing and storing documents in compliance with regulatory standards.
Quality Assurance: Lords are naturally risk-averse and would be very attentive in ensuring that all transactions comply with legal and ethical standards.
Why "Mechanic"?
Coordinate with Stakeholders: Mechanics are great at systems and processes, making them ideal for acting as the liaison between multiple parties. They can ensure a smooth and efficient transaction process.
Closing Duties: A Mechanic would excel in the systematic aspects of closing, including the preparation of closing statements and disbursement of funds.
Client Communication: While not their strongest suit, Mechanics can still handle client communication efficiently by relying on well-defined systems and processes for client updates and issue resolution.
Quality Assurance: Much like the Lord, a Mechanic would have a strong focus on ensuring all transactions are up to standard. Their process-oriented nature makes them good at spotting and fixing issues before they escalate.
A "Lord" would bring an extremely detail-oriented and risk-averse approach, making them highly efficient in roles requiring strict compliance and deadline management. A "Mechanic," on the other hand, would excel in streamlining processes and ensuring that all parties involved in the transaction are well-coordinated. Combining these two profiles would offer a robust and comprehensive approach to managing real estate transactions efficiently and ethically.
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About the Company
At GLAM Properties, we are more than just a Real Estate Investor's Management Boutique. We are your strategic partners in building sustainable communities. Our mission is to provide comprehensive consulting and management services that cover every facet of real estate investment. From acquisition to design, construction/ renovations to disposition, we've got you covered. But we don't stop there; we also specialize in home staging, commercial cleaning, maintenance, make-readies, tenant placement, and property management. We are committed to delivering excellence at every step, ensuring your investments not only grow but also contribute positively to the community. Your success is our mission, and together, we make it happen.